Audi Global Sales up 13.7pct in May image

Volkswagen’s luxury division Audi increased sales last month by 13.7 percent to 128,900 new vehicles – a record for the month of May for Audi.

The company sold around 600,200 cars worldwide in the first five months (+12.1 percent) and has now set itself a target of 1.4 million cars by the end of the year.

Audi, overtook Daimler AG’s (DAI.XE) Mercedes-Benz brand as the world’s second-bestselling luxury-car maker, also narrowed the gap to market leader BMW last month.

Global sales in May rose 14% on the year to 128,900 units, with sales in China increasing 44% on the year to 36,278 units, and sales in the U.S. rising 10% to 11,503 cars.
Sales in Germany rose 8.1% to 25,307 units in May, especially due to strong performance of the new Audi A6 model.

North American sales rose 10.3 per cent and sales in Europe increased 3.8 per cent.

Audi has to date refrained from setting a numerical target for 2012 deliveries and merely said it wants to outpace the global passenger-car market, which it expects to expand about 4 per cent this year.

“The current order intake proves that for the first half of the year, we will exceed our expectations in all regions,” sales chief Peter Schwarzenbauer was quoted as saying.

Global luxury-car sales have been largely unaffected so far from swirling economic concerns amid tough austerity measures in many European countries, which have knocked overall demand for new cars in the region sharply lower.